Minimum Wage Reference

From: DGREEN@HWDC.STATE.CA.US
Subject: Minimum Wage Reference
Date: Fri, 3 Jul 1998 08:49:57 -0700

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 >Be prepared to ask yourself what do you want in your life and make
 >priorities, set goals, and exam who you are. Even a minimum wage job
 >would pay off 60K in about 3 years BUT ONLY IF YOU DON"T INCREASE
 >THAT 60K. Don't allow yourself to be a victim of negative thinking.

Uh, I may have missed something here, but how can a minimum wage job
pay off $60,000 in about 3 years?

$6/hour  x  40 hours per week  x  52 weeks per year  x  3 years  =  $37,440

This would leave you over $20,000 short of the $60,000.

And that's assuming you do not use any of this money for living expenses.


Derrick Green
dgreen@hwdc.state.ca.us



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